WEST PERTH, WESTERN AUSTRALIA--(Marketwire - Feb. 16, 2010) - Magma Metals Limited (TSX:MMW - News; ASX:MMW - News; "Magma" or the "Company") is pleased to announce that an audio broadcast with Executive Chairman Dr Keith Watkins is now available. The broadcast is titled "High-Grade Drill Intersection at Thunder Bay North".

To listen to the broadcast please copy the following details into your web browser: brr.com.au/event/64139.

Additional information on Magma and its projects, including descriptions of its quality control and assurance procedures is available on its website at www.magmametals.com.au and in technical reports filed under the Company's profile on SEDAR at www.sedar.com.

The information in this audio broadcast that relates to Exploration Results or Mineral Resources is based on information compiled, reviewed or prepared by Dr Keith Watkins, the Executive Chairman of Magma Metals Limited, who is a Member of the Australasian Institute of Mining and Metallurgy, and a "qualified person" as such term is defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Dr Watkins has sufficient experience, which is relevant to the style of mineralization and type of deposit under consideration and to the activities undertaken to qualify as a Competent Person as defined in the 2004 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves" (the JORC Code). Dr Watkins consents to the inclusion in the broadcast of the matters based on this information in the form and context in which it appears.